She has worked with both the Agricultural Bank of China and the Bank of China (BACHY).

FORBES: Potential $1 Billion Ponzi Scam Exposed in China

And of course there have been share issues sopping up any remaining liquidity, notably the Agricultural Bank of China IPO.

FORBES: China Still More Expensive Than Hong Kong (In Stocks)

Although he took the entire sector to task, Chanos highlighted Agricultural Bank of China in particular, because of the amount of debt it carries.

FORBES: Jim Chanos' 5 Value Traps To Avoid -- And 5 Stocks That Fit The Mold

The Fed also granted approval to Agricultural Bank of China Ltd. to build a branch in New York City, and to Bank of China Ltd. to build a branch in Chicago.

FORBES: China's Financial Institutions Expand Overseas

Agricultural Bank of China and the Bank of China have also raised money recently.

FORBES: Lujiazui Breakfast: News And Views About China Stocks (June 15)

Even Agricultural Bank of China, traditionally the weakest of the quartet, had a 1.34% ratio.

FORBES: China's Enrons